Newsletter

The federal deficit for fiscal 2019 is projected to climb to around $900 billion, or $118 billion more than last year, according to estimates from the Congressional Budget Office . Most of that total...

Time after time in recent years, Republican budget writers have tried harder than Olympic gymnasts to achieve balance. In a sometimes quixotic-seeming quest to wipe out the federal deficit within 10...

President Trump cheered the strong economy in his State of the Union address and proposed big ideas from border security to curing cancer. What he did not mention was the deteriorating fiscal health...

President Trump “is about to get religion” on the deficit, Politico’s Andrew Restuccia and Nancy Cook reported in a Politico piece Friday evening: “[A]fter mostly brushing off deficit concerns while...

Voters support higher taxes on the rich. But what do they want done with the revenue those taxes would raise? A new Morning Consult-Politico poll asked about a range of options. First, we should note...

President Trump was asked at his wide-ranging press conference Friday about the roughly $2 trillion increase in public debt during the first two years of his administration: Question: Let me also ask...

MIT economist Olivier Blanchard caused a stir in fiscal circles last month with an academic paper suggesting that current levels of public debt may be less worrisome than many experts think (see our...

Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. Ed Markey (D-MA) released their much-anticipated proposal for a Green New Deal Thursday. Framed as a response to the challenges of global warming, the 14...